Common use of Employer Group Creation and Use of Confidential Information Clause in Contracts

Employer Group Creation and Use of Confidential Information. The Recipient understands and acknowledges that the Employer Group has invested, and continues to invest, substantial time, money, and specialized knowledge into developing its resources, creating a customer base, generating customer and potential customer lists, training its associates, and improving its offerings in the field of door, window, trim, and building supplies manufacturing and distribution. The Recipient understands and acknowledges that as a result of these efforts, Employer Group has created, and continues to use and create, Confidential Information. This Confidential Information provides Employer Group with a competitive advantage over others in the marketplace. (iii)

Appears in 2 contracts

Samples: Performance Share Unit Award Agreement (JELD-WEN Holding, Inc.), Restricted Stock Unit Award Agreement (JELD-WEN Holding, Inc.)

AutoNDA by SimpleDocs

Employer Group Creation and Use of Confidential Information. The Recipient Employee understands and acknowledges that the Employer Group has invested, and continues to invest, substantial time, money, and specialized knowledge into developing its resources, creating a customer base, generating customer and potential customer lists, training its associatesemployees, and improving its offerings in the field of doorblockchain, window, trim, and building supplies manufacturing and distributionincluding digital mining. The Recipient Employee understands and acknowledges that as a result of these efforts, Employer Group has created, and continues to use and create, create Confidential Information. This Confidential Information provides Employer Group with a competitive advantage over others in the marketplace. (iii).

Appears in 1 contract

Samples: Executive Employment Agreement (Gryphon Digital Mining, Inc.)

AutoNDA by SimpleDocs

Employer Group Creation and Use of Confidential Information. The Recipient Optionee understands and acknowledges that the Employer Group has invested, and continues to invest, substantial time, money, and specialized knowledge into developing its resources, creating a customer base, generating customer and potential customer lists, training its associates, and improving its offerings in the field of door, window, trim, and building supplies manufacturing and distribution. The Recipient Optionee understands and acknowledges that as a result of these efforts, Employer Group has created, and continues to use and create, Confidential Information. This Confidential Information provides Employer Group with a competitive advantage over others in the marketplace. (iii)

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (JELD-WEN Holding, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!